McDonald’s has been bolstering its dependence on drive-thrus and decreasing investments in its in-store Walmart locations. In innovation, the consumers’ shift to streaming entertainment content in the early part of this century has many similarities to their recent shift to digital amid the pandemic. And in retail trends, some regions and retailers performed better than others during the pandemic and are anticipated to keep benefiting from consumers’ increasing use of marketplaces, websites, apps and social media for purchasing. All this, Today in Data.
2007: The year that Netflix first introduced its streaming service in the U.S.
56%: Share of U.S. adults who currently receive TV via cable or satellite at home.
325: Approximate number of restaurants that McDonald’s plans to close in 2021.
5.3K: Minimum number of Walmart’s U.S. locations.
$1T: Approximate additional online spending at retailers, restaurants and grocery stores over the last 12 months.
Selected by EFXA